Latest news with #LibertyDefense
Associated Press
02-06-2025
- Business
- Associated Press
Liberty Defense Commences Normal Course Issuer Bid to Buy Back Up-to 9.9% of the Publically Traded Float
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. WILMINGTON, Mass., June 02, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ('Liberty' or the 'Company') ( TSXV: SCAN, OTCQB: LDDFF, FSE: E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that it intends to make a normal course issuer bid (the 'NCIB') to purchase its common shares (the 'Shares'). The NCIB has been approved by the Company's board of directors and the TSX Venture Exchange (the 'TSXV') has conditionally approved the NCIB. Pursuant to the NCIB, the Company intends to purchase up to 5,142,844 of its outstanding Shares, representing approximately 10% of the Company's 'public float', being the Shares held by non-insiders of the Company. As at May 30, 2025, there were 51,976,722 issued and outstanding Shares, of which 548,281 Shares were held by insiders of the Company. Purchases pursuant to the NCIB will be made on the open market through the facilities of the TSXV. The NCIB will commence on June 5, 2025, and will be open until June 4, 2026, or such earlier time as the NCIB is completed or at the option of the Company. Under the NCIB, the Company may not acquire more than 2% of its issued and outstanding Shares in any 30-day period. All Shares purchased pursuant to the NCIB will be returned to treasury and cancelled. All Shares purchased by the Company under the NCIB will be purchased at the market price, plus brokerage fees, at the time of acquisition in accordance with the rules and policies of the TSXV and applicable securities laws. No purchases will be made other than by means of open market transactions during the term of the NCIB. Although the Company has a present intention to acquire its Shares pursuant to the NCIB, it is not obligated to make any purchases and purchases may be suspended by the Company at any time. The Company is undertaking the NCIB because, in the opinion of its board of directors, from time to time the market price of its Shares may not fully reflect the underlying value of the Company's business, and that repurchase of its Shares at current market prices would be an appropriate use of corporate funds. The Company has engaged Research Capital Corporation to act as the broker to facilitate the purchase of the Shares under the NCIB. The securities referred to in this news release have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or exemptions from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. 'United States' and 'U.S. person' have the respective meanings ascribed to them in Regulation S under the U.S. Securities Act. On Behalf of Liberty Defense Bill Frain CEO & Director About Liberty Defense Liberty Defense ( TSXV: SCAN, OTCQB: LDDFF, FSE: E30) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: For further information about Liberty, please contact: Jay Adelaar, Senior Vice President of Capital Markets Email: [email protected] Tel: 604-809-2500 FORWARD-LOOKING STATEMENTS When used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Forward-looking statements in this press release include statements with respect tothe NCIB such as the duration of the NCIB, the number of Shares that may be purchased under the NCIB, and the Company's objectives in completing purchases under the NCIB. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable). Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws.
Yahoo
28-05-2025
- Business
- Yahoo
Liberty to Participate in Lytham Partners Investor Conference
WILMINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ('Liberty' or the 'Company') (TSXV: SCAN, OTCQB: LDDFF, FSE:E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that CEO and Director Bill Frain will participate in the upcoming Lytham Partners Investor Conference, taking place on Thursday, May 29, 2025. As part of the event, Liberty Defense will also be holding one-on-one meetings with institutional investors.A live webcast of the presentation will be available at 4:15 PM ET on Thursday, May 29. To access the webcast, please register here: The Company also will demonstrate its HEXWAVE nextgen scanning technology at the American Association of Airport Executives (AAAE) June 8-10 in Atlanta, GA. 'This is a critical juncture for airports as the TSA mandated deadline for employee screening is quickly approaching in April 2026,' said Bill Frain, CEO of Liberty Defense. 'The HEXWAVE already is deployed at several different airports in the US and has proven effective and efficient and demonstrated all required capabilities to meet the new regulatory requirements. The mobility of HEXWAVE to go from one access point to another in very little time has given airports a lot of flexibility in their screening operations and allowed for a low initial investment and great bang for the buck.' Native Ads will provide a marketing campaign for a total retainer of up to CA$200,000, with a term of up to twelve months or until the retainer is depleted. Under the agreement, Native Ads will execute a comprehensive digital media advertising campaign for the Company where 75% of the campaign budget will be allocated to costs per click, media buying, content distribution, search engine marketing, and 25% will be allocated for content creation, web development, creative development for advertising, search engine and campaign optimization, and reporting and data insights services. Neither Native Ads, nor any of directors or officers have any interest, directly or indirectly, in the securities of the Company or any right or intent to acquire such an interest. For updates and news, please visit to subscribe to email alerts or follow Liberty Defense on social channels. On Behalf of Liberty DefenseBill FrainCEO & Director About Liberty DefenseLiberty Defense (TSXV: SCAN, OTCQB: LDDFF, FSE:E30) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: For further information about Liberty Defense, please contact: Jay AdelaarSVP Capital Markets604-809-2500jay@ For sales information, please contact: Ian McNaughtonSenior Director Business Development, Liberty Defense613-292-3669imcnaughton@ FORWARD-LOOKING STATEMENTSWhen used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable). Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press in to access your portfolio
Yahoo
28-05-2025
- Business
- Yahoo
Liberty to Participate in Lytham Partners Investor Conference
WILMINGTON, Mass., May 28, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ('Liberty' or the 'Company') (TSXV: SCAN, OTCQB: LDDFF, FSE:E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is pleased to announce that CEO and Director Bill Frain will participate in the upcoming Lytham Partners Investor Conference, taking place on Thursday, May 29, 2025. As part of the event, Liberty Defense will also be holding one-on-one meetings with institutional investors.A live webcast of the presentation will be available at 4:15 PM ET on Thursday, May 29. To access the webcast, please register here: The Company also will demonstrate its HEXWAVE nextgen scanning technology at the American Association of Airport Executives (AAAE) June 8-10 in Atlanta, GA. 'This is a critical juncture for airports as the TSA mandated deadline for employee screening is quickly approaching in April 2026,' said Bill Frain, CEO of Liberty Defense. 'The HEXWAVE already is deployed at several different airports in the US and has proven effective and efficient and demonstrated all required capabilities to meet the new regulatory requirements. The mobility of HEXWAVE to go from one access point to another in very little time has given airports a lot of flexibility in their screening operations and allowed for a low initial investment and great bang for the buck.' Native Ads will provide a marketing campaign for a total retainer of up to CA$200,000, with a term of up to twelve months or until the retainer is depleted. Under the agreement, Native Ads will execute a comprehensive digital media advertising campaign for the Company where 75% of the campaign budget will be allocated to costs per click, media buying, content distribution, search engine marketing, and 25% will be allocated for content creation, web development, creative development for advertising, search engine and campaign optimization, and reporting and data insights services. Neither Native Ads, nor any of directors or officers have any interest, directly or indirectly, in the securities of the Company or any right or intent to acquire such an interest. For updates and news, please visit to subscribe to email alerts or follow Liberty Defense on social channels. On Behalf of Liberty DefenseBill FrainCEO & Director About Liberty DefenseLiberty Defense (TSXV: SCAN, OTCQB: LDDFF, FSE:E30) provides multi-technology security solutions for concealed weapons detection in high volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools, and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular, and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: For further information about Liberty Defense, please contact: Jay AdelaarSVP Capital Markets604-809-2500jay@ For sales information, please contact: Ian McNaughtonSenior Director Business Development, Liberty Defense613-292-3669imcnaughton@ FORWARD-LOOKING STATEMENTSWhen used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable). Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-04-2025
- Business
- Yahoo
Liberty Defense has Appointed the Honorable James M. Byrne, Former Deputy Secretary of Veterans Affairs & Current Vice President, Ethics & Business Conduct, for the Lockheed Martin Corporation, to its Newly Formed Strategic Advisory Board
WILMINGTON, Mass., April 22, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ('Liberty' or the 'Company') (TSXV: SCAN, OTCQB: LDDFF, FSE:E30) a leading technology provider of AI-based next generation security detection solutions for concealed weapons and threats, is pleased to announce that the Honorable James Byrne, former Deputy Secretary of Veterans Affairs and current Vice President, Ethics & Business Conduct, for Lockheed Martin, has joined our new Strategic Advisory Board which will have up to nine Members. This new Board will help focus and guide Liberty Defense in its journey to scale its groundbreaking technology, both in the United States and globally. A retired United States Marine Corps infantry officer and federal prosecutor, Mr. Byrne served as Deputy Secretary and General Counsel of the United States Department of Veterans Affairs. He also has served as a director and advisor to several startup companies and on the US Department of Homeland Security Data Privacy & Integrity Advisory Committee. Mr. Byrne welcomed this new appointment, stating 'As domestic and international threats continue to evolve, Liberty's technology is needed now more than ever. I'm excited to join the Strategic Advisory Board as the company develops next generation technology with the support of major establishments like MIT, Pacific Northwest National Labs and the Transportation Security Administration (TSA). This capability has become a societal need and the team at Liberty is ready to deliver.' 'Jim Byrne is a public servant of the highest order – defending our country as a United States Marine, taking on multiple leadership roles at the highest levels of the US Government and our defense industrial base and, along the way, always prioritizing our veterans, our fellow citizens, and the mission above all," said Bryan Cunningham, Liberty's President. "He is also a 'roll-up-your-sleeves' leader, which is exactly what we are seeking for our new Strategic Advisory Board. All members will be laser-focused on helping Liberty Defense achieve our vital mission to make the US and the world safer and more secure while enhancing our convenience and quality of life at airports, at governmental facilities, and at public gatherings of all kinds,' said Cunningham. For updates and news, please visit to subscribe to email alerts or follow Liberty Defense on social channels. On Behalf of Liberty DefenseBryan Cunningham President About Liberty Defense Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FRANKFURT: LD2A) provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: For more information, please contact:Jay AdelaarSVP Capital Markets, Liberty Defense604-809-2500jay@ For sales information, please contact:Ian McNaughtonSenior Director Business Development, Liberty Defense613-292-3669imcnaughton@ FORWARD-LOOKING STATEMENTS When used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable). Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press in to access your portfolio
Yahoo
17-04-2025
- Business
- Yahoo
First-Ever Proposed US $1 Trillion Defense Budget Recognizes Escalating Threats
Former Director at Noble, Michael Iarrobino joins Liberty Defense Business Development team WILMINGTON, Mass., April 17, 2025 (GLOBE NEWSWIRE) -- Liberty Defense Holdings Ltd. ('Liberty' or the 'Company') (TSXV: SCAN, OTCQB: LDDFF, FSE: E30), a leading technology provider of AI-based next generation detection solutions for concealed weapons and threats, is highlighting the recent announcement of a potential $1T budget to focus on US National Defense spending. The Trump Administration has announced that, for the first time in American history, they will request $1 trillion for US defense and that they 'intend to spend every taxpayer dollar wisely.' This means two things: (1) The government recognizes the massively increased and varied threat environment we will face in coming decades; and (2) It follows that our servicemen and women and civilian employees, our facilities and our national secrets, will need enhanced protection, including a new generation of personnel screening for metallic and non-metallic threats that is safer, more cost-effective, and more convenient. 'This is where Liberty Defense, a US-based manufacturing company, comes in. We are a leader in next generation, security screening technology to detect concealed threats in all verticals. The need for security measures to protect lives in public spaces has never been greater. Armed with licensed technologies from leading security and defense research institutions, Liberty Defense's experienced management team is positioned to bring contactless and mobile security to public and private spaces to solve challenging problems of screening people for firearms, explosives and IEDs. Liberty's screening solutions make all of us safer and more secure, while also enhancing convenience and quality of life for everyone having to visit airports, government and private-sector facilities, places of worship, and events requiring human screening capabilities — in short, everyone,' said Bryan Cunningham, Liberty's President. The Company is also excited to announce the hiring of Michael Iarrobino. Michael is a retired U.S. Air Force Master Sergeant and accomplished leader with more than 20 years of experience in strategic program management, government contracting, logistics, and public sector operations. Over the course of his distinguished military and civilian career, he has held leadership positions that involved planning and executing complex, multi-million-dollar programs supporting national security, emergency response, and defense readiness. Prior to joining Liberty, Michael was Manager Strategic Partnerships at NOBLE. 'Bringing Michael on board was a strategic hire, especially in light of the potential increase in Defense Spending budget. Michael's experience will have an immediate impact on the business as we look to scale for the opportunities in Aviation Worker Screening and urban security requirements,' said Bill Frain, Liberty CEO. For updates and news, please visit to subscribe to email alerts or follow Liberty Defense on social channels. On Behalf of Liberty DefenseBryan Cunningham President About Liberty Defense Liberty Defense (TSXV: SCAN, OTCQB: LDDFF, FSE: E30) provides multi-technology security solutions for concealed weapons detection in high-volume foot traffic areas and locations requiring enhanced security such as airports, stadiums, schools and more. Liberty's HEXWAVE product, for which the company has secured an exclusive license from Massachusetts Institute of Technology (MIT), as well as a technology transfer agreement for patents related to active 3D radar imaging technology, provides discrete, modular and scalable protection to provide layered, stand-off detection capability of metallic and non-metallic weapons. Liberty has also recently licensed the millimeter wave-based, High-Definition Advanced Imaging Technology (HD-AIT) body scanner and shoe scanner technologies as part of its technology portfolio. Liberty is committed to protecting communities and preserving peace of mind through superior security detection solutions. Learn more: For information on the SAB, please contact:Bryan CunninghamPresident, Liberty Defense303-349-4870bcunningham@ sales information, please contact:Ian McNaughtonSenior Director Business Development, Liberty Defense613-292-3669imcnaughton@ FORWARD-LOOKING STATEMENTS When used in this press release, the words 'estimate', 'project', 'belief', 'anticipate', 'intend', 'expect', 'plan', 'predict', 'may' or 'should' and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information. Although Liberty believes, in light of the experience of their respective officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in the forward-looking statements and information in this press release are reasonable, undue reliance should not be placed on them because the parties can give no assurance that such statements will prove to be correct. Such statements and information reflect the current view of Liberty. There are risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information. By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. There are a number of important factors that could cause Liberty's actual results to differ materially from those indicated or implied by forward-looking statements and information. Such factors include, among others: currency fluctuations; limited business history of the parties; disruptions or changes in the credit or security markets; results of operation activities and development of projects; project cost overruns or unanticipated costs and expenses; and general development, market and industry conditions. The parties undertake no obligation to comment on analyses, expectations or statements made by third parties in respect of their securities or their respective financial or operating results (as applicable). Liberty cautions that the foregoing list of material factors is not exhaustive. When relying on Liberty's forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Liberty has assumed that the material factors referred to in the previous paragraph will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking information contained in this press release represents the expectations of Liberty as of the date of this press release and, accordingly, are subject to change after such date. Liberty does not undertake to update this information at any particular time except as required in accordance with applicable laws. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.
